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Don’t Believe the GOP Oligarch Hype

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December 8, 2022 1:35 p.m.

I was reminded when putting together notes for the preceding posts that a number of the big Republican billionaire megadonors have announced they won’t be supporting Trump in 2024 — the Mercer family, Ronald Lauder, Stephen Schwarzman et al. This billionaire primary for Republican candidates is a whole issue in itself. But for now, I wouldn’t put much stock in these refusals. Back in 2016 most of the GOP megadonors were against Trump before they were for him. If he’s the nominee again they’ll certainly fall in line. And they may well do it even before he’s nominee.

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